Financial services
Investment
Liontrust must stump up £415,000 for its contribution to the FSCS levy, a near 2000% increase on last year, as the industry continues to pay the cost of a series of investment firm failures.
02 February 2011
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Economics
Banks on a worldwide scale will be forced to shore up cash levels if their nation is on the brink of a credit bubble, according to new developments under the Basel III reform package.
11 January 2011
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Financial services
The Treasury and the FSA are proposing to extend the regulator's powers to discipline firms who flout EU regulations or decisions made under UCITS IV.
22 December 2010
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Financial services
The FSA is warning firms against using the word ‘cash' when naming Money Market Funds (MMFs), saying it is "potentially misleading".
02 November 2010
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Financial services
Terry Smith, the City veteran planning to start his own fund group, warns of the "pernicious danger" of adviser inactivity following the RDR.
29 September 2010
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Financial services
Goldman Sachs has agreed to pay a fine of £20m to the FSA after failing to disclose trader Fabrice Tourre was under fraud investigation by the US Securities & Exchange Commission.
09 September 2010
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Financial services
The FSA is set to turn the regulatory spotlight on the valuation of traded positions and is calling for a specific assessment of valuation uncertainty.
25 August 2010
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Financial services
Several of Spain's 18 savings banks have failed tests to see how they would cope with worsened economic conditions, according to reports.
23 July 2010
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